1 Minute Market Rundown – 24th March 2022 March 24, 2022 Russia – UkraineYields in focusCrypto consolidates Rates markets continue to dominate proceedings with yields continuing to push higher but risk is holding in rather well. Looking across equities and crypto it feels like the dips are getting shallower and we are putting in higher lows. We have been saying crypto has been quietly bid and [...]
UK crypto firm pushes back against FCA rules March 23, 2022 Crypto exchange Gemini has warned the UK regulator that draft rules for digital assets risk encouraging firms to relocate offshore.
What’s behind market volatility in China? March 23, 2022 It’s been a rollercoaster week for Chinese stock markets. We explain why and get the views of Schroders’ experts Robin Parbrook, Maggie Zheng and David Rees. In the last week, equity markets in mainland China and Hong Kong Special Administrative Region have experienced a rout, and a subsequent rally in the past two days. At [...]
1 Minute Market Rundown – 23rd March 2022 March 23, 2022 Russia – UkraineYields in focusCrypto consolidates A feeling of deja vu overnight as Australian, New Zealand and South Korean 10 year yields all hit fresh cyclical highs as the rates market continues to reprice. Interestingly enough, stock markets held on with the S&P even clearing its 200 DMA. It seems the hawkish rhetoric from Powell [...]
1 Minute Market Rundown – 22nd March 2022 March 22, 2022 Russia – UkraineYields in focusPowell doubles down on hawkish stanceCrypto finds support You would have been forgiven for thinking central banks had reached peak hawkishness with a war ongoing in Europe. Jerome Powell has decided to make a laughing stock of us all. In a speech yesterday, Powell doubled down and completed a quite incredible [...]
A football regulator would ignore the pleas of fans and favour finance over emotion March 22, 2022 Is English football in crisis? Is the game at the edge of a precipice? That’s the view of the report of the Fan Led Review of Football Governance, published last November. The proposed solution is a new regulator with wide ranging powers to license and regulate football clubs in the top tiers of the game. [...]
1 Minute Market Rundown – 21st March 2022 March 21, 2022 Russia – UkraineRisk bouncesCrypto finds support We find it rather telling that on Friday, a day you would have expected risk to be sold as the market headed into the weekend, saw stocks and crypto push higher. Now there could be a number of reasons for this. 1) the market is becoming accustomed to the [...]
1 Minute Market Rundown – 18th March 2022 March 18, 2022 Russia – UkraineRisk bouncesCrypto finds supportDovish hike by the Old Lady Risk continued to hold in well yesterday as equity and crypto markets held on to gains posted recently. Overnight we have seen the equity rally stall as the surge in Chinese tech stocks fizzled out and oil moved back above $100 a barrel. We [...]
IAG offers €100m loan to Globalia for 20 per cent stake in Air Europa March 17, 2022 British Airways’ owner IAG offered today a €100m loan to Air Europa in exchange for a 20 per cent stake in the company. The airline said the seven-year unsecured loan would be offered to the carrier’s owner Globalia and, following regulatory approvals, it could be turned into the 20 per cent share. “This agreement will [...]
1 Minute Market Rundown – 17th March 2022 March 17, 2022 Russia – UkraineRisk sentiment improvesFed delivers So there were two big talking points yesterday. Firstly, Chinese authorities decided enough was enough and stepped in to prop up domestic equity markets. They pledged to keep capital markets stable, support oversea stock listings and confirming that regulation of big tech will end soon. Unsurprisingly, Asian stocks saw [...]